Other Things the Same,a Decrease in the Price Level Causes

question 114

Multiple Choice

Other things the same,a decrease in the price level causes real wealth to

• A)fall,interest rates to fall,and the dollar to appreciate.
• B)fall,interest rates to rise,and the dollar to depreciate.
• C)rise,interest rates to rise,and the dollar to appreciate.
• D)rise,interest rates to fall,and the dollar to depreciate.

---

Definitions:

Likert-Type

A scale used in questionnaires to measure respondents' attitudes or opinions, where they indicate their level of agreement or disagreement on a symmetric agree-disagree scale for a series of statements.

Rating Scale

A set of categories designed to elicit information about a quantitative or qualitative attribute.

Class

In an educational context, refers to a group of students who are taught together; in sociology, pertains to the categorization of people based on socio-economic status.

Genograms

A graphical representation of a family tree that displays detailed data on relationships among individuals, often used in medicine and social work to track family history.